Nikora Trade JSC

On September 6, 2018, GEL 25 million worth of 3-year bonds issued by Nikora Trade JSC have been admitted to the category B listing of the Georgian Stock Exchange. TBC Capital acted as the placement agent and bookrunner for the issue. 

The floating coupon is set at 400 bases points above the refinancing rate of the National Bank Of Georgia. Bonds will mature on August 6, 2021. The bonds were assigned a ticker -#NKR02L.

The prospectus is available here.